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energy, the same co2 emission. the end of our planet is possible. but there is an enormous chance for us. what they need our products with lower energy consumption. what they need our energy efficient products. who could better develop this than the united states and the europeans, in cooperation together. to combine innovation on climate change with industry and production. that is possible, but only if we are live. therefore i am in favor of a trade agreement. asked what other obstacles there are. a lot of europeans doubting, but i saw better ground here in the united states, in ohio, and i saw for the first time in a swing state, the co2 question played a major role in the election concerning the coal mining question. to avoid any other misunderstanding, i know what it means to close a coal mine for 35,000 inhabitants, most of them employed in the coal mine. when you close down the coal mine, it was an economic disaster. but today, the coal mine is closed down and you have an economically flourishing city. so it is possible to step away from a traditional industrial structure, with pu
upbeat report. melissa: i'm melissa francis. the politics of oil, america's energy independence a pivotal issue, and i sat down with one the industry's giants of kinder morganalking about natural gas and fracking and what he says on over regulati and the dollar a year salary. now thathe election is over, will the keystone pipeline timely win approval? transcanada recently submitted a new plan to the government, and i spoke with the ceo of transcanada all about tt plan as well as his expectations of the billions spent so far will be worth it, and that the pipeline will prevail. plus, wall street got the blues. u.s. debt mounts and tax hikes andrew the corner. guess what? there's plenty of ways to make money, even in an obama econy. we have all the information you need to rake it in, even when they say it's not, it's always about money. ♪ >> starting off, oil and energy, hosting money from houston, i sat down for an exclusive one-and-one with the ceo and co-founder of ki in, -- kinder morgan. we focus on the future of the energy business and natural gas. this is what he said. >>
about the energy boom. "washington journal" next. host: good morning, it's wednesday, november 21. president obama returns to the white house this afternoon following his tour of asia. secretary clinton is on the ground in the mideast, meeting with israeli, egyptian, and palestinian officials in an effort to bring an end to the ongoing violence in the gaza strip. yesterday's fed chairman ben bernanke issued warnings to u.s. leaders negotiating over the so- called fiscal cliff about the serious financial impact looming on the horizon. that's where we begin this morning. how confident are you about the state of the u.s. economy? what steps are you taking to prepare for the potential impact if the u.s. goes off the fiscal cliff? give us a call this morning. you can also catch up with us on all your favorite social media sites, twitter or facebook. or e-mail us. thismorning to you on wednesday, november 21. we are talking about federal reserve chairman ben bernanke's comments yesterday about the fiscal cliff, and getting your thoughts on bthe u.s. economy. and this headline -- also, i
write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ so the production of twix was divided between two separate factories. left twix factory cascades caramel and chocolate onto cookie, while right twix factory flows caramel and chocolate onto cookie. today they share nothing, but a wrapper and a driveway. try both and pick a side. that's why i take new trubiotics. it's a daily probiotic that helps in two ways. one helps support digestive health, the other immune health. stay true to your health. new trubiotics. from the makers of one-a-day. but lately she's been coming in with less gray than usual. what's she up to? [ female announcer ] root touch-up by nice'n easy has the most shade choices, designed to match even salon color in just 10 minutes. with root touch-up, all they see is you. designed to match even salon color in just 10 minutes. well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy.
of over 300 million people, the american society of civil energies put the quality of you are infrastructure as a d, when we're ranked 24th in overall quality in the world when in 2001 we were number two, we're going to spend less than $53 billion. that's not only weak, it's pathetically weak. mr. garamendi: mr. higgins, thank you so very, very much for bringing this issue in stark terms to our attention. you caught me my attention earlier when we were talking about this, but here on the floor, this is a $1,200 billion program that could create 27 million jobs in the next five years? and those are economic analysis that's been done by the new america foundation? mr. higgins: it has. mr. garamendi: and how do we pay for this again? mr. higgins you spay for it as you pay for transportation improvements at the local, state and federal level. you issue debt to finance the life of the project. mr. gare men tee: the same way we build and own our homes, we borrow money to build that personal infrastructure, our home. mr. -- mr. higgins: that's right. mr. garamendi: the borrowing
, this is begin to stink after three days. the toll in energy is used -- huge. he was once marge you. is impossible to convene the smallest and most transitory of human groups without an attempt to -- improvising. culture grows in mysterious ways. its growth has nothing to do with reason. is it reasonable that all americans have to say what seems to be the trouble officer. where is it written? they have to say hi, we can't come to the phone right now. leave your name and number. where in the world of these forms prescribed? a culture extemporizes itself and observances and response to communal necessity to deal with which it also extemporizes. these myths no less than political deals are most organizations can derive only from a limited return number of human problems and solutions. the left discovery of global warming, the sinfulness of man causing the seas to rise may also be found in genesis six. and consider the taking of snapshots before they're shutters clicked. the photographer says one, two, three. well, here's why. photography, exposure could last up to three minutes. so the
. >> we'll be back with more. don't go far. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. challenge that with new olay facial hair removal duo. a two-step process that removes even coarse, stubborn facial hair gently. plenty of gain, without all that pain... with olay. ♪ ♪ >>> all right. well, this week someone may get one of the biggest holiday gifts in history. that is because the powerball jackpot is up to at least $425 millio phew. >> that's a lot of dollars. no one won this weekend's drawing. the chances are good. this jackpot will land in the hands of someone very lucky -- maybe these hands -- as abc's clayton sandell reports. >> it's america's favorite jackpot game -- >> rep
's a much more than we expect from u.s. and europe. now, one of the topic is energy. the president is focusing a lot on energy. so what is u.s. looking for? energy also. president obama said that several times that we want -- we need to be efficient in terms of energy. that would be a door that would open a lot of opportunities for mexican government in terms of bilateral relationships and growth in terms of jobs. that's another thing he's talking about. i don't know if he's selling the idea because of the job situation in the united states, but it could be a reality. >> helps sustain, something like 6 million jobs in the united states. he -- the president elect pena nieto sat down with wolf blitzer a little while ago. let's play part of that interview. >> what is the biggest problem in u.s./mexican relations right now? >> translator: -- good understanding and my purpose then is to create a relationship, to built a relationship based on trust and relationship positive constructive that would allow us to understand the world affais z and matters that both peoples have to face and ba
deal of energy or strategy to how to mobilize obama's army from 2008. it was quite a crowd r -- crowd, and it was muscular and ready, sort of where do we go? you look at the 2 # million people leaping and cheering in the mall in 8 degrees. they were looking for direction for the model. we see that everywhere. of course, what's interesting is you see that cropping up in the summer, in the middle of health care, the tea party rises from the loins so to speak from the republican party, ahijacked that debate. the administration lost control of it, wrestle it back after scott brown and after they lost their majority in january the following year, but then, of course, occupy wall street adds welcoming up -- as well coming up. obama keeps them at arms' length for the most part. i think the thinking, and i hear this from progressive activists over the last few days is a bit of a -- what's that line, lbj, you know, says to various leaders of his day, make me do it. you know, -- marlin -- martin luther king and others, make me do it. people are getting a system that obama and the signaling syst
in energies and metals. let's go to sharon at the nymex. >> brent crude is the benchmark in light of what we're seeing in the israel gaish gaza conflict. once again, the contract showing the most momentum in the oil market. up $1 here on the bus explosion in tel aviv. yesterday was all about potentially a creaease-fire in israel/g israel/gaza conflict. now we're focused on more violence and whether that will escalate and spread regionally and impact oil flows in the region. we're looking at what's happening in europe. and the fact there's been no agreement there on the greek bailout deal is something that could potentially put pressure on prices and it's a reason why we're still not at the highs we saw on monday in terms of the oil price. we're continuing to watch the supply picture as well. we'll get the information from the energy department at 10:30. the american petroleum industry report showed declines across the board. that was bullish for prices as well. in terms of natural gas that report comes out at noontime today, a day earlier because of the thanksgiving holiday. we are looking a
at the time... what's the rush? be happy. be healthy. new pink lemonade 5-hour energy? what's the rush? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. >> gretchen: 44 minutes after the top of the hour. a couple quick headlines. new study letting the air out of the bouncy houses. a new study finds 30 kids a day go to the emergency room with injuries from broken bones to cuts and concussions. experts say kids under six shouldn't use them, but we know those are the kids who love them. >>> and jenna bush haguear, she's returning to her roots for her next project. the former first daughter is joining southern living magazine as an editor at large. she'll bright a monthly column called "paper napkin interview" and contribute to a daily
what we have achieved. when they have doubts about this let me quote the labor shout out energy minister, it means the most expensive deals would have to go being able to reduce the number of people to help get a clearer picture of what is happening and that could only be a good thing. that is the endorsement that i welcome. >> ed miller band. >> the governor promised there should be no rationing on grounds of cost alone. can the prime minister tell us whether he has kept that promise? >> the promise we have kept is that we would increase spending every year under this government and in britain, in england that is happening, in wales there's a massive cuts run by a neighbor. >> mr. speaker, several thousand fewer nurses with the public supporting and a very specific question about a promise by the secretary, the leader of the house, promise a year ago he promised a year ago that there will be no rationing. this is what the president of the world college of ophthalmologists recently said. he said this. pcs are not falling government guidelines. there restricting access to catarac
what we have achieved. when they have doubts about this let me quote the laborhout out energy minister, it means the most expensive deals would have to go being able to reduce the number of people to help get a clearer picture of what is happening and that could only be a good thing. that is the endorsement that i welcome. >> ed miller band. >> the governor promised there should be no rationing on grounds of cost alone. can the prime minister tell us whether he has kept that promise? >> the promise we have pt is that we would increase spending every year under this government and in britain, in england that is happening, in wales there's a massive cuts run by a neighbor. >> mr. speaker, seral thousand fewer nurses with the public supporting and a very specific question about a promise by the secretary, the leader of the house, promise a year ago he promised a year ago that there will be no rationing. this is what the president of the world college of ophthalmologists recently said. he said this. pcs are not falling government guidelines. there restricting access to caract surgery. he g
a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ >> ama: nasa wants to their search for life under ground on mars. curiosity rover can't go under ground. nasa would need a smaller vehicle to repel down lava tubes. it's possible one of the lava tubes could hold water or organisms that can survive on the surface. curiosity has made a discovery above ground which is one for the record books. they will introduce the discovery in san francisco in two weeks. >> rolling stones celebrated their 50th anniversary with a special show in london. they play their classics. mary jay blige gave joined them. jeff beck joined on guitar. they featured the new song doom and gloom. stones will play one more show in london and three more in the new york area. new jimmy hen directional -- jimi hendrix contains 12 fraction. you will be able to hear them on keyboards, drums and, of course, guitar. forecast is rapidly changing. >> especially by mid-week. low clo
that there might be one day -- i'm sure it will never happen -- when you do not have the energy anymore? that scared of a piece of blank paper and a collection coming up in six weeks -- that does not scare you? >> yes, but i tried to protect myself. for example, i go to a flea market, and nt place. when i see something that i find interesting, even if i have no interest in anything at the moment, i say that one day i will do something from that. i know that there was work on it. i think i have to burn it, because at the end, i take too much time to look at it. but, yes, i mean, to be honest, i think will realize what time that i have no more of the passion, which will mean i will stop. i think it is better. honestly, before i was doing that profession, because i was not at peace with the fact that i was rejected, so i was inventing a lot of things. at the moment, i started to work -- i finish. because i do the things that i'd love to do, why should i live now. there's no reason to lie? because i am accepted through my work? why should i lie? because i do not want to live again in my old
latest news in energy. mary thompson is at the nimax. energy all over the map. >> that's right. this morning we have the energy complex that's mixed. we did see initial support to crude oil from that greek deal but that quickly dissipated. dollar strength keeping pressure on crude today. traders of course keeping watch on tensions in the mid easts s but because that provides pressure to crude oil. those are some of the factors at play today. look at the rest of the energy complex, december contracts for gasoline, heating oil, as well as nat gas expire today. natural gas continuing the decline from yesterday after it came under pressure because of a warm forecast for the month of december. checking gold prices. they are pulling back today. expect volatility later as well because of december contract expires. david, back to you. >> all right. thanks very much, mary thompson. i wanted to look at two of the companies involved in the largest deal of the day. that is the $6.8 billion acquisition announced this morning by conagra who has been trying to buy ralcorp for the last couple
consumed a lot of time and energy. all eyes turned to the american president for leadership. the rockets are starting to be launched again in the middle east. people are getting killed once again. they will be looking to the white house and to president obama for leadership on the issue, and i can certainly take time and energy away from some of the other priorities for his second term. >> what we know about what the president is doing today? >> we learned that he called service members who are deployed overseas to thank them for their service and their sacrifice in which their families a happy thanksgiving. yesterday we saw seniors and young people and the president shaking hands, asking folks how they are doing and we got a loo at the white house many for thanksgiving and it has six different types of pies. you can guess that the war first family will work in a little bit of workout time. heather: pies for thanksgiving, you covered it all. thank you so much. >> thank you. rick: the american people have survived another election season. regardless whether your candidates won or lost, t
even handed out special coupons and energy bars to those who waited line action along. >> some shoppers stated said they plan to stay at target until the close at 11:00 p.m.. it was the same story in union city where hundreds of shoppers also gathered at best buy. unless i opened its doors at midnight for shoppers to get their hands on electronics like ipad, tvs, movies, cameras and more. some people waited in line for days missing thanksgiving with their families. here's what those shoppers had to say about their weight. >> it was a different because you were not with your family but you just had to bring your plate and to sit here and eat it. >> i honestly feel like a desk- >> most of the people that you saw waited in line for things like a 40 and stevie for $180 ripple americans are expected to ring the billions in give car purchases this holiday season. and a new survey offers insight into some trends that can bring a gift card givers and people who get the most bang for the bug. >> a new survey showed that consumers need to be aware of what they're buying. bank rates looked at the
's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> dense early morning fog is being blamed for a huge pileup that killed two people and closed a texas interstate for hours on thanksgiving day. look at this. more than 100 cars and trucks were involved in this chain reaction, just crash after crash, 80 to 100 people were sent to hospitals. a texas couple, grandparents in their 60s, were killed when an 18 wheeler crushed their car and their son is heart broken. >> we love them, and it's terrible, terrible. my dad and i, we work together. we had a good relationship. and we had -- we got to spend time together golfing and fishing and i'm so i thankful for that now. >> on thanksgiving day. this all happened on interstate 10 near beaumont, texas. it took
says it's starting to feel a lot like christmas. >> more picks. more orders are coming in. more energy. >> reporter: as the workload increases so does the stress. >> do you ever dream about work? >> i have, yes. i've dreamt about picking items. >> reporter: sometimes items are too far apart to walk. this is amazon's biggest fulfillment center. it's the equivalent of 28 football fields which explains why some employees need tricycles to get around. with this year's holiday season expected to be the biggest one yet, amazon has brought in 50,000 additional workers. >> work hard and make it. >> reporter: an online operation that depends on the human touch to fulfill the holiday wishes. phoenix, arizona. >>> turning oversea to the renewed crisis in egypt. the violence is getting worse and tengss are rising unless the in the new president backs down. jim is watching it for us in cairo. good evening. >> reporter: today six aids of president morsi resigned. the latest sign of what some are calling his power grab is giving his inner circle some serious second thoughts. day four of the crisis an
going out every night looking for talent. man: his energy and persistence -- he was desperate to succeed. i stepped on a lot of toes at that time, and probably didn't handle things as diplomatically as i should've. leider: it was all-consuming. and i didn't get a sense that david had any other life but being in the talent game as an agent. ♪ love is but a song we sing geffen: when i signed jesse colin young and the youngbloods, i didn't really know anything about what it was to make a record deal, so i had asked what the biggest deal anybody had ever heard of was, and then i tried to make a deal for him ♪ or make the angels cry and i made his record deal at rca, which had that very famous song, ♪ c'mon, people now, smile on your brother ♪ ♪ everybody, get together ♪ gonna love one another right now ♪ ♪ c'mon, people now, smile on your brother ♪ ♪ everybody, get together ♪ try to love one another right now ♪ i have today ordered to vietnam the air mobile division and certain other forces which will raise our fighting strength from 75,000 to 125,000 men. geffen: i g
markets would go down, planes would fall out of the sky from the energy sector would fail. there would be a global catastrophe. the point of this is to show how dependent we are as a society on this kind of open source collaborative labor. the fact that here's the thing that would've sounded like a utopian utopian fantasy 25 or 30 years ago. now, we are hooked on it as a progressive society. whether it is the private sector or the public sector. all of us now depend upon the product of that pure network collaboration. you know, when i look at how much we build and upload of collaboration, that is the thing that makes me say, what more can we do? what can we saw with this peer networking approach? >> host: the next call comes from alta dena, california. paco hello? we are going to have to put you on hold. you need to turn down the volume on your tv. we have bob in florida. >> caller: this is a great show and i appreciate that show in the guest as well. i am working on something and i am listening to you guys at the same time. i believe there are at least a handful of us who certainly ap
're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ ♪ >> it's now 23 after the top of the hour. quick headlines for you. would you pay $99 to find out how safe your teenager is driving? that's the premise behind a new program that rolls out this week in 285 cities across our country. an off duty police officer will tail your teen for 15-20 minutes write up a full report and present the conclusions to the client. you don't want to mess with this senior citizen. 75-year-old done kiefer has had his home rob befored. when he found the man in his backyard accident take any chances. >> i told him if you try to run i am going to skewer you. >> kiefer held the man with a bow and arrow until the cops could get there. did he say skewer him? >> literally, secure him. >> thanks ainsley. lawmakers are still trying to reach a compromise on the so-called fiscal cliff. lawmakers don't know what is going to happen to our taxes this year. there are five things you can do with your money to make s
. really, you can hear it filter into the crowd. they are getting news of this and the anger and energy of the crowd has risen in the past hour. >>shepard: and they will not back down unless and until president morsi rescinds the decrees. >>reporter: that is right. they are looking for complete withdrawal of the decree by the president. there is a major demonstration scheduled for tomorrow. in was supposed to be competing demonstrations, with backers of the president from the muslim brotherhood called for a million man march but they are so concerned about the possibility of more blood shed on the streets here the supporters of the president have cancelled their march so we will see opponents on the street in major force tomorrow. >>shepard: we will bring in michael hand long from the brookings institution in washington, dc, an independent think tank. you just got back from turkey; that right? >>guest: that is right. >>shepard: i guess this has the potential to be his moment as a headline read from over the weekend, egypt is the largest population in the region holding the greatest sway
is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 24/7 support and service. call... and lock in your rate for 12 months today. liberty mutual insurance. responsibility. what's your poli
news at energy and metals and go to sharon epperson at the nimax. >> many commodities on friday had the best performance in a month and we see a subdued marketplace and a pullback across the board here. we're looking at oil prices that are lower. the truce is holding between israel and hamas and that's something that's perhaps putting some pressure on prices. the cease-fire holding and the fact that we are looking at some weakness here in the euro and traders continue to eye what is happening there in the eurozone over the greek debt deal. we're also watching of course the protest that erupted over a three-day period in egypt and that could lend some support to the oil price going forward. we are watching metals market which is somewhat lower here. gold prices after the significant rally on friday seem to be in this range between 17.46 and 17.55. we're looking at copper prices and there's a lot ahead for this market to watch namely what's happening in china and pmi data coming out later in the week. the big story in commodities definitely the slide that we're seeing in natural gas d
to it. i think there was a sense like on energy and environment and education that the president had a vision for where america needs to be in this new century where we've got rising competition in china and germany and india and if we're going to have an american century we cannot come in second place to those countries in technology of the future. and i think that played an important role. there was a sense that the obama vision was one that they thought better suited this moment in our country's history. and there is no question on social issues whether it's women's healthcare or immigration. there was asset of issues that for younger voters was important to think about the kind of country and kind of president they wanted representing them. so on all those questions people wrestled carefully. i think that's why ultimately enough people in enough battleground states chose the president to continue this journey we're on. quickly in terms of demoggrafi. we don't know this for sure but we could be seeing different elections in on years and off years. the election in 2014 is going to
easily evaporate a lot of presidential time or take up a lot of his time and energy and bottom line, if there is a threat of violence in the middle east once again. it could easily derail part of his second term agenda. a former bush white house advisor says like it or not, it is part of the job. >> the president has the responsibility for foreign policy. so, certainly, all eyes are on him and his administration to see what our reaction will be in keeping with our principles that israel is our closest ally in the region. and standing up for their defense. >> bottom line, when there is trouble in the middle east, folks tend to look here to the white house. and there are many examples in the course of history of events overtaking the plans of a white house team. gregg. >> gregg: on eight looker note. what do we know about how the president celebrated this thanksgiving? >> he made phone calls to 10 deployed service members. we are told that he thanked them for their service and sacrifice and also wanted to wish them and their families a very happy thanksgiving. the president had a ligh
am not a spy. >> if you were, you could not tell us. >> we spend a lot of time and energy making sure facebook is available. we spend a ton of time on infrastructure and hiring people to make sure that you can get to that news feed. when it comes to governments that shut the internet off, that -- there is not a lot we can do. it is interesting that young people -- i had a friend who spent time in iran wanting young people use technology. one of the things he observed is the way he put it is the average 18-year-old knows every last detail of how bluetooth works on their phone, all the internet and facebook, the ins and outs of twitter, how to change your -- and the setting so someone can message you. every last detail their understood. when he asked them to are you afraid of the government finding it, they would say they do not understand how this stuff works. it was a message that -- in places where people do need an outlet or way of communicating that is not necessarily available in the public domain. it is a completely different animal. >> we have written about this issue on the sec
. >>> is and burning off energy and good for the brain. ucla researchers studied aults and those who burned the most calories had mother brain matter in t >>> people in hollywood get face-lifts all the time. even the hollywood sign is getting a makeover. we look back at nine decades of his l.a. landmark. that's next. >>> this portion of cbs "this morning," sponsored by aarp. fighting to keep medicare and social security strong for generations to come. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. chili's lunch break combos start at just 6 bucks. so ditch the brown bag for something better. like our bacon ranch quesadillas or big mouth burger bites, served with soup or salad, and fries. starting at just 6 bucks at chili's. nature knows all about baking. just mix together a few simple ingredients... and
. the move comes as canada gets close to its decision on whether to approve the transaction. the energy companies say discussions with the committee are still in progress, and of course they had to file approval because they have extensive operations in the u.s. gulf of mexico. >>> "the wall street journal" reporting that virtue is emerging as the frontrunner to buy knight capital. they would possibly sell off parts of that business. finally, we can't get away from the story of twinkies. the bakers union of hostess brands wants a bankruptcy judge to appoint a chapter 11 trustee to ensure an orderly winddown. the union is saying it objects the allowing incumbent management to supervise the lick wi addition. have you finished your twinkies? >> no, we're back to saving them now. we need to talk, because i read a piece in the journal today, which gave me a new insight into -- >> the jenkins piece? fantastic piece. >> it's not the bakers. it's the teamsters. it's that distribution system which we heard about. one guy can deliver -- i think you have to deliver of wonder bread, each slice indi
have those dreams. i get up every morning, with all the things the we do here, unemployment, energy problems -- when i get up in the morning, i get "the new york times," and the first place i go is the sports page. for a few minutes every morning, i dream of the athlete that i wanted to be. [laughter] and as i have dreamed over the decades, i thought, wouldn't it be great to be able to meet a babe ruth or lou gehrig? or maybe a rocky marciano? joe frazier? but today, i have been able to meet two of the people i have dreamed about going down to that 18th hole. with a good put, i can win this thing. this is a personal privilege for me to be able to meet the great jack nicklaus and to be here to help honor the great arnold palmer. we know that arnold palmer has played on the finest courses that the world has. he has designed 300 golf courses. seven of them are in nevada, operating now. he has won trophy after trophy after trophy. he has been swinging golf clubs since a little boy of four years old. he was always such a big star. remember.nold, you'll you and winnie were traveling acros
the country a surge of energy over powerball and its record jackpot of about $425 million. >> i hope i'm the winner. >> reporter: current pool has been growing for more than seven weeks, getting bigger and bigger each time no one wins as the jackpot soars, so does the excitement. >> house boat, yacht, mansion. >> reporter: and the prospect of a $278 million cash payout, powerball's biggest ever. >> eight's been a good number lately so i try to include that in everything. >> i think about numbers. as i'm thinking the numbers, they just pop in. >> it's my husband and i, and we play our birthdays and our anniversary date. >> reporter: this year powerball kicked the game into high gear making changes that raise the odds of winning and the minimum jackpot to $40 million. >> mega millions is breaking records. >> reporter: 2012 may be the year of big payouts. in march three megamillions players won a record $656 million, more than half a billion. >> she giggled for about four house, i think. >> reporter: the powerball drawing is wednesday night. while many are counting on sheer luck, some say
for wind energy. >> can't do that. >> everybody puts their hand up this is mine. >> it's less difficult, and -- >> cap you get to keep what you want. >> it's going to affect the high end, at 50,000 it wouldn't affect -- >> steve, what do you think about the $50,000 cap proposal or another number? >> i think the cap proposal has some merit. in the real world you probably end up exempting charitable. apart from what the head of the red cross is, charities see this as potentially devastating. do you want it to apply to everybody or only with people with income above $250,000. >> if it's 50,000 or 28% cap of adjusted gross you end up exempting people with lower incomes because they don't use that much. >> there are people, there's actually two different things. the $50,000 cap there are not that many people but some people who would use it. >> how can you use more? >> state and local taxes, health care, all this stuff if you put it in there. >> there are some arguments that health care shouldn't be exempted anyway. >> i understand but there's also a view at least amongst some of us that the
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, number three is energy costs, number four is uncertainty about government policy. number five is the cost of useless regulations and red tape. six, seven, and eight are frequent changes in the tax code. tax code complexity, and taxes take away the money, my earnings that i use to grow my business. they're the issues that we're concerned about. >> bill, you said taxes are six, seven, and eight, so they're not in the one, two, or three category. which i might imagine given that's a huge issue going into 2013. >> well, it certainly is. and when we took the survey earlier this year, of course, maybe the fiscal cliff issue wasn't quite as big a point. right now -- yeah, this is a survey, the big one was 75 items, we only do once every five years and, of course, health care costs which is you could look at as a tax, if you will, is at the top of the list for the last 25 years, you have to go back to the early '80s to get interest costs up there. remember the 21% prime and the difficulty in getting credit back in those days. >> when's your next comprehensive survey, bill. >> well, the november s
. but i hope we can marshal the energy and create -- i think there's an extraordinary opportunity. i think we can turn that longevity paired docs into a fast payoff and i think the analogy is the movement of so many women into new roles in the 60's and 70's. at that point we were thinking as a society, this is going to be a zero-sum proposition. how we accommodate all this talent. we will simply displace men and end up at the same place that we started only with a lot of conflict along the way. now we know we would be never be competitive without that enormous source of talent. down the road we will feel the same way about the segment of population. i think there'll be lots of surprises as well. we can't write off the talent and experience of this group but even more we tend to underestimate the creativity and and -- david gallas and he studied creativity said creativity across the life course. he said the value of every significant painting that was sold over the last 100 years and as they looks at the patterns of this artwork more strongly than anything else was that the most valuable wo
are coming in, more numbers definitely. more energy. >> reporter: and you're look at the inbound floor of the largest of 40 fulfillment centers that amazon has across the country. when i say big, this place is big, 28 football fields, the equivalent of, and i saw a lot of people around here riding tricycles to get around and somewhere is my brother's christmas gift. hopefully he's not watching. >> diana, thanks very much. five minutes after the hour. here's savannah. >>> thanks. members of congress are back at work with one big issue staring them in the face. how to avoid going over the so-called fiscal cliff? if they do not reach a deal your taxes could rise and sharp spending cuts would go into effect as well possibly triggering a recession. chuck todd is nbc's political director and chief white house correspondent. chuck, good morning to you. >> good morning, savannah. >> the goal here is to get a deal that reduces the deficit, and the battle lines have been pretty clear right now. the president campaigned rolling back the tax breaks for the highest earnings and republicans argued s
it is energy, money, time, associated with every component of our educational institution. given this reality, every component has to be evaluated based on what is the return on investment of educational dollars, including football. so how do you do that? you have got to go to the justifications we have been using for a century for football's place with an educational institutions. we have to be honest, the primary justification was to socialize and immigrant workforce. the other part of it is the great industrialists at the turn of the century were introduced to football as a way to train a workforce for the industrial economy. they wanted folks who were physically fit, took directions, were obedient. there was not much room for lofty thinking on the assembly line. have to ask the question, is as a primary justification we are trying to instill in our schools for an industrial economy? we no longer live in an industrial society. and the other justification we have used for years -- and i do believe this justification -- is that football is an educational tool. it builds character, discipline
up. >> definitely. i love new york. i love the energy of it. i love the fast-paced nature of new york, but i do miss the slow texas way, and i think it will be fun. obviously there's a picture of me in blue jeans with my mother. >> at a very young age. >> at a very young age. >> was "southern living" on your coffee table in your home growing up? >> definitely was. my mom read. it not much of a cook but would dream over the recipes i think of somebody else cooking them for her, and, you know, i think it's fun. i'm in my 30s, 31, and i think it's fun to be able to talk about what new generation of southern women are doing which is balancing a lot. >> i looked at the release that comes from the magazine, and they say one of the things you'll be doing is called the paper napkin interview. what is that? >> i'll be talking with people from all over the south, people influencing our culture and hear how their southern roots have changed them. you're kind of from the south. >> no, i was born in new york city. i was from -- i now live on the southern shore of long island. so you can do it. >>
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